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Gold Bullion

   Also found in: Wikipedia 0.02 sec.
Gold bullion
Investment-grade, pure gold, which may be smelted into gold coins or gold bars.
Gold Bullion
Pure gold that may be bought and sold for investment. Most gold bullion is at least 99.9% pure. It is usually smelted into either gold bars or gold coins. Gold bullion is a commodity that investors often use as a hedge against recession and inflation; Thus, while it is volatile like most commodities, it always maintains a relatively high value. Gold bullion is measured by mass and purity rather than face value.
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s not advised though to have more gold bullion than cash.
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